Diageo plc (OTCMKTS:DGEAF) Sees Large Growth in Short Interest

Diageo plc (OTCMKTS:DGEAF) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 1,408,600 shares, a growth of 29.7% from the March 31st total of 1,086,400 shares. Based on an average trading volume of 9,900 shares, the short-interest ratio is currently 142.3 days.

Diageo Stock Performance

Shares of DGEAF opened at $28.12 on Friday. Diageo has a fifty-two week low of $25.03 and a fifty-two week high of $35.92. The firm has a 50 day moving average price of $27.17 and a 200-day moving average price of $29.12.

Diageo Company Profile

Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. It offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavoured malt beverages. The company also provides Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as ready to drink and non-alcoholic products.